Equinix and Astra Form a Joint Venture to Support Indonesia’s Growing Digital Needs

HONG KONG and JAKARTA, Indonesia – April 11, 2023 – Equinix. Inc (Nasdaq: EQIX), the world’s digital infrastructure company™, and PT Astra International Tbk (“Astra”), today announced a joint venture to develop the digital infrastructure in Indonesia that multinationals and local businesses need to accelerate their digital transformation. Indonesia’s national digital transformation program creates a framework for economic development and demand for digital infrastructure as the government targets 30 million micro, small, and medium-sized enterprises (MSMEs) to go digital by 2024.1

Equinix and Astra established a joint venture company with a 75% and 25% equity stake, respectively. Combining the global digital infrastructure expertise of Equinix and the extensive experience of Astra in operating in Indonesia, this joint venture will help local businesses and multinationals develop their digital capabilities and capitalize on new and emerging technologies, such as hybrid multicloud, 5G, IoT, AI, and more.

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